stock portfolios: Build portfolios of stocks outside the index abroad

Mumbai: Diversify – whether at home or in the state: This is the prescription to make money in US stocks where valuations have reached stratospheric heights – as in Mumbai.

The Nasdaq 100 fund has brought 52% in the last year. It was one of the most popular funds among Indian investors, many of whom have only recently begun to invest abroad.

“While there is a bubble in stocks like Tesla and Netflix, there are many options available for individual stocks, and investors can build a portfolio of companies with good fundamentals and fair valuations,” said Vikas Gupta, chief investment strategist at Omniscience Capital.

Vikas believes that investors can build a portfolio of 8-10 stocks and some of the stocks that have value are such as Qualcomm, IBM, Micron Technologies and Cirrus Logic. Among the non-technological stocks, he prefers Gamestop, Bed Bath and Beyond, Gap and Skechers.

Financial experts point out that there are opportunities for growth in niche areas that can be accessed by investors.

“There are innovative companies in topics such as biotechnology, clean energy, artificial intelligence and technology that Indian investors need to have access to,” said Vikas Nanda, chairman of Globalize, a digital wealth management platform for building global portfolios. Vikas recommends ETFs such as the Invesco Wilderhill Clean Energy ETF, the First Trust Nasdaq Clean Edge Green Energy ETF, the ARK Genomic Revolution ETF, GlobalX Robotics and the AI ​​ETF.

Investors also continue to pour money into global giants, which have profits not only in the United States but around the world.

“We’ve seen Indian investors invest in stocks like Apple, Amazon, Facebook and ETFs like the Vanguard Total Stock Market Index Fund,” said Swastika Nigam, CEO of Winvesta, a platform that allows Indian investors to trade abroad.

Investors who cannot understand the individual stocks can still continue to invest in the long-term Nasdaq 100.

“Although profits are strong, valuations are high and therefore investors need to take a step-by-step approach,” said Pratik Oswal, Head of Passive Funds, Motilal Oswal AMC.

Indian investors can invest up to $ 250,000 in the Liberalized Remittance Scheme (LRS) each year. Several bank brokers, such as HDFC Bank, Kotak Mahindra, ICICI Bank and several others, allow Indians to invest in foreign stocks or ETFs. In addition, there are platforms such as Stockal, Globalize, Winvesta and Vested, through which investors can buy shares or seek advice and build a portfolio of companies.

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